welcome to newsline. it's monday, september 1st. i'm katherine kobayashi in tokyo. pro-democracy activists in hong kong have promised to bring the financial hub to a stand still. chinese lawmakers have rejected their demands to freely choose their own leader starting in 2017. open nominations could create a chaotic society. right now an election committee elects hong kong's leader known as the chief executive. but the standing committee of cha that's national people's congress endorsed a new framework. live fae said there would be
universal suffrage, one person, one vote. but there would be conditions on who can run. thousands of pro-democracy advocates showed up to protest. zblth if the chinese government nominates candidates, they have no choice to accept them. nothing has changed. thousands showed up to protest. >> translator: if the chinese government nominates candidates, people will have no choice but to accept them. then nothing has changed. >> serves as chief executive now. he criticized what the protesters are doing. >> translator: protests will hurt the prosperity of hong kong and will not get the support of many residents.
>> he said the new framework represents progress and the members will prepare the necessary legislation. people in china's other special district have had their own struggles with the democracy. every fooi five years, 400 members cast their ballot for the chief executive. he received 95% of the votes. he wants to improve the lives of residents while promoting economic development. he returned to chinese sovereignty in 1999 after centuries of portuguese rule. the city was granted partial autonomy similar to that given to hong kong years earlier. some residents have been upset about the rising prices of real estate and other things. iraqi government forces have finally broken a siege of a town
by islamist militants. thousands of ethnic turks have been trapped inside for more than two months. government forces launched a massive attack on the town with the help of the u.s. troops. islamic state fighters surrounded the town north of baghdad and cut all humanitarian assistance, including food, water and medical supplies. an iraqi military spokesperson calls the end of the siege a major achievement. the advance of the iraqi forces followed u.s. military air strikes against the sunni militants. the operation was aimed at diverting a humanitarian crisis. joe biden talked with the president of the kurdish regional government over the telephone. they discussed humanitarian assistance and the u.s. military strike against the militants. they agreed the americans will continue to support iraqi forces and kurdish troops. russian and ukrainian commanders have exchanged prisoners.
they've swapped prisoner pps last month the ukrainian troops captured ten russian paratroopers. russian leaders said the paratroopers were patrolling along the border and strayed over it by mistake. one of the commanders said negotiators had a tough time freeing them. but in the end common sense prevailed. in exchange, the russians returned 63 ukrainian soldiers they had been holding. they had been trying to put down an insurgency in the area. russian leaders have denied ak sathss that they've supporting the separatists. but shinzo abe is going to change things up. on wednesday, he'll reshuffle his cabinet. abe had already decided to keep some ministers in their posts,
deputy prime minister and finance minister taro aso. yoshihide suga and amari will stay where they are. so will the transport minister otha. now abe decided to stick with his education minister, too. and he's considering offering cabinet posts to some prominent members of his liberal democratic party including the acting chief of the policy research council. koya nishikawa is set to become the agriculture, forestry and fisheries minister. abe's also expected to appoint the party's secretary general shigeru ishiba and council chief, sanae takaichi to the cabinet. japanese leader say the
diplomacy takes a panoramic perspective of the map but struggled with difficult times with neighboring countries. nhk takes a look at the most pressing issues. >> reporter: shinzo abe mapped out an ambitious foreign policy plan after he took office at the end of 2012. he's visited nearly 50 countries since then. making him one of the most traveled prime ministers in japanese history. abe also persuaded president barack obama to confirm that the japan/u.s. security treaty covers a group of islands in the east china sea. >> let me reiterate that our treaty commitment to japan security is absolute. article 5 covers all territories under japan's administration including the senkaku islands. >> reporter: that sent a message to leaders in beijing. the chinese oppose japan's control of the uninhabited islands as do the taiwanese.
but the japanese government maintains the senkakus are an inherent part of japan's territory. in terms of history and international law. the difference over the islands has putting a meeting between abe and xi xinping on hold. but in july, abe noted an upcoming opportunity. >> translator: i want to have summit talks on the sidelines of the apex meeting in november. the door for dialogue is always open, and i hope the chinese side takes the same stance. >> foreign ministers from both sides met in august for the first time since abe came to power. they discussed how to improve relations. abe still hasn't met with a leader of another neighboring nation.
japan is at odds with south korea over territory. the south korean president park geun-hye seemed positive when she referred to next year's 50th anniversary of diplomatic ties between the two nations. >> translator: i hope that next year will see the start of a new relationship. i expect japanese leaders to display wisdom and judgment. >> reporter: still, that won't be easy. park noted that some japanese politicians are hurting both nations with their views on history, particularly world war ii. prime minister abe is trying to overcome similar issues with russia. he has already met with president vladimir putin five times and putin is supposed to travel to tokyo in the fall. but japanese officials say now they'll consider various factors including the situation in ukraine, before deciding whether to go ahead with the visit. one area where abe is expected
to make progress on the foreign policy front is north korea. despite its history of missile launches and nuclear tests the prime minister said he's committed to solving what's known in japan as the abductions issue. north korean agents kidnapped japanese citizens in the 1970s and '80s. abe agreed to lift sanctions against the north in exchange for full reinvestigation into the fate of all the missing. a special committee in north korea is expected to give its first report as early as in september. nhk world, tokyo. french officials are restoring a magical view at a world heritage site that draws millions of visitors every year. india has gone through rapid
economic growth over the past decade, and the people who live have experienced the upside and downside of those changes. joining us from the business desk now, tell us more about this. >> catherine, india is a country home to 1.2 billion people. the need for electricity, that soars, power outages, they are a chronic problem and leaders are trying to do something about it. modi is in japan and reaching out for help. stepping in with loans so a local power company can boost its output. sources say the japan bank for international corporation or jbic and tokyo mitsubishi may offer more than $140 million in loans through a local lender. the funds will allow an indian utility to buy thermal power generation equipment. japanese electronics giant makes
the hardware. it includes state of the art super critical steam turbines. banks will offer a relatively low interest rate. the deal is scheduled to be signed later monday. power shortages in india are a growing problem. not just for japanese investors, as well. backed by the japanese government, the officials say the financial support is aimed at improving india's business environment. they hope further development can provide opportunities for japanese exporters to ship more advanced products to the country. the hikes in the glass makers will add to the rising costs of other building costs. of 15% to 20% for deliveries starting in september. the material is mainly used for
windows. glass and central glass will also raise prices of their products for use in housing by 10% to 20%. makers say tension in the middle east and the weaker yen are pushing up the price of heavy fuel which they use in their production. higher costs are also being seen in transportation and imports of silica sand, a key glass ingredient. japan's finance minister is among those who will keep their jobs when prime minister abe reshuffles his cabinet on wednesday. aso says he'll press ahead with the same policies he's been working on to bring about sustainable growth 6789 he spoke on the japanese economy. members of the royal institute of international affairs also known as chatham house organized the gathering. aso said the monetary and fiscal policies have revitalized the economy. he said the next challenge is the reform of the private sector
to encourage more investment. >> investment in japan in the context of the third pillar of abenomics. and thereby place japanese economy -- >> aso said he wants to set a code of corporate governance by the middle of next year to improve the management and productivity of japanese firms. >> let's check on the markets now. wall street ended last month near record highs. here in tokyo, markets have kicked off a new month at an upbeat note. the nikkei rose for the first time in three days, investors are responding to the yen's recent drop against the dollar. they're buying shares in japanese exporters.
but analysts don't expect to see any big moves. they say the conflicts in ukraine and other parts of the world are making investors cautious. now market participants are buying the dollar, they're feeling upbeat about the outlook for the u.s. economy. but concerns about slower growth in the eurozone are weighing on the single currency and the euro is trading at one year low against the dollar. analysts say this week could be a quiet one. they expect little movement in major currencies ahead of key economic events. a look at other markets in this part of the world. in south korea, the kospi is trading lower by .10%. let's see what's happening in australia. the benchmark index is trading higher by .4%. now, let's see what's ahead in the world of business. this week, we'll see some key data out of the u.s. they will help us gauge if a recent recovery in the world's largest recovery is gaining
pace. on tuesday, the institute for supply management will release its august survey of purchasing managers from u.s. manufacturing firms. in july, the measure rose to its highest level since april 2011. and on wednesday, the federal reserve will publish the so-called beige book. its view on regional economic activity. on thursday, the bank of japan will wrap up its two-day policy meeting. the central bank is expected to maintain its current easing measures. on the same day, the european central bank will hold its policy meeting in frankfurt. some think the ecb may decide on additional stimulus measures. finally, the u.s. jobs report for august will be out on friday. nonfarm payroll had seen solid gains for six straight months through july adding more than 200,000 jobs. and that's the latest in business for this hour. i'll leave you with a check on markets.
french officials are restoring a magical view at a world heritage site that draws millions of visitors each year. it used to appear to float on the sea but the effect has been disappearing. >> this floats upon the sea. but but now visitors see the view less than 20 days a year. this road is the reason. mount michelle was built as a site of worship more than 1,300 years ago. no path linked the island to the mainland. often waves carries off pilgrims to their death. so about 130 years ago, a road was built. however, the road meant earth and sand collected.
now the island is no longer completely cut off. the 760 meter bridge opened in july. one purpose is to again make the island look like it's floating. the bridge will not interrupt title currents so sand won't build up. the old road will be removed within a year. the bridge curves gently. it husband designed so people can enjoy it from several perspectives. >> translator: i came here 20 years ago with my kids, but today it's like seeing a new michelle. >> a dam constructed nearby will reduce sand buildup.
it holds back the water as the tide rises. when it reseeds, the dam releases the water and the sand is washed away from the shore. france, the eu and the local governments support the project. it costs about $240 million. >> we must pass this treasure on as a part of history. >> the mayor of the village has high hopes for this project. >> translator: the view from here is magnificent. i believe the floating monestry is being reborn. >> tourists shops and the restaurants line the village street. two and a half million people visit each year, making the island one of france's top tourist site.
but these days only around 40 people live in the village. the mayor has strong feelings about the scenic wonder. >> translator: now and forever i'd like this island to be also loved by the villagers. >> reporter: today brings one of the year's highest tides to mont michel. in barely an hour the rising water covers the tide lands. this has been charming people for more than a thousand years.
the tidal currents will return in a year. the site will recapture the grandeur of all. extremely powerful storms often called super typhoons have caused destruction around the world and it's extremely difficult to accurately forecast how strong a typhoon will become once it forms. but japan is trying to improve its forecast by launching an interment tall system based on sea water temperatures. a typhoon brought massive amounts of rain to japan in early august. last november, typhoon hayan devastated central regions of the philippines leaving more than 7,300 people dead or missing. the supertyphoon gained strength as it approached the philippines. scientists have discovered that high temperatures in the deep sea are fueling the rapid growth
of typhoons. a typhoon develops when the ocean's surface temperature rises above 26 degrees celsius. that's because the vapor from warm sea water provides the energy needed for a storm's development. usually when sea water is churned up by a typhoon, its surface temperatures usually fall as cold water below mixes with the warmer water. that drop in temperature prevents the typhoon from becoming stronger. but surface temperatures are unlikely to fall when there are deep layers of warm sea water, and that allows a typhoon to become stronger. using this research, the meteorological agency has started testing a new system to help scientists estimate deep sea temperatures. this chart shows the estimated temperature of sea water up to a depth of around 100 meters. the new system allows scientists to assess the spread of sea people in sweden are dealing with severe flooding. >> central parts of europe have been seeing really severe conditions that includes heavy
rainfall that triggers southern areas of sweden. and people are dealing with the floods. take a look at video coming out from here today. a bus was evacuated after becoming stuck while traveling in a flooded road through an underpass on sunday. the driver and the five passengers were pulled from the bus. people are wading through waist deep water. always remember a few centime r centimeters of water, can cause an engine to stall like what you see here in the picture. do not drown, turn around if you see deep waters. severe weather traveling towards the southeast, so the heavy bulk of it will now be in northern italy as well as the balkakanba
heavy bursts of showers and gusts and also tornadic activity not being able to be ruled out. traveling all the way down towards the south. clear skies across as much as france as well as the peninsula. a system that is now battering iceland. bucharest at 27 degrees, a little higher than norm, and athens also looking quite warm. madrid still in the heat of summer. at 35 degrees. we have a couple of systems to talk about here across the americas. targeting some of the eastern seaboards and tornadic activity could not be ruled out. large hail is more towards this system. this is already spawning large hail of a size of a softball reported in kansas. we still actually have a tornado watch in place for kansas and nebraska. so the heart of the country also looking at the potential of severe weather. the temperatures in the east sea
boards. take a look at this. heating up to 33 degrees in new york, washington, d.c., mid-30s in boston, philadelphia, same goes with the temperatures here. and that's likely to prevail into your hump day. here across the eastern continental asia. there's summer heat still left over the water. and possibly about 100 millimeters. we have a report of heavy rainfall here in and around shanghai, 140 millimeters in the past 24 hours. but the bulk of the heavier rainfall will now be here in and around. it's going to be adding about 150 on top of 140 that we already seen in the past 24. so flooding certainly will be an issue here. across the areas of the l
edition of "newsline." thanks very much for staying with us. life in japan is full of wonders. our theme is planetariums, we'll bring you the latest on efforts in japan to recreate the starry sky in greater detail than ever before. dining with the chef, ever want to take a shot at making japanese food? it'll give you a helping hand. today's menu is the american born japanese food.